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Dec 27, 2012
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don't worry, the government will take care of you. we will explain coming up next gerri: retailers are experiencing their worst holiday performance since the 2008 financial crisis. but is it too late to count retailers out? could post holiday discounts have retailers and shoppers spurting? let's ask founder america's research group, president and chief economist. whathappened with retail sales? we were expecting a 3% gain year-to-year, not falling off a cliff. what happened? >> well, i predicted sales would be up about 1.8%. number 150% of consumers, they are only going to shop and buy when there are big bargains. they were going to shop on black friday, wait three days bore christmas, and finally, 74% of consumers will avoid credit cards as much as possible. in doing that, they had to live on their check. gerri: at 1.8%, that is a little bit betterhan what went wrong. >> keep in mind that is store sales numbers. when the consumers did not do credit cards this year,, keep in mind only 75% went christmas shopping for 25% wanted to see
don't worry, the government will take care of you. we will explain coming up next gerri: retailers are experiencing their worst holiday performance since the 2008 financial crisis. but is it too late to count retailers out? could post holiday discounts have retailers and shoppers spurting? let's ask founder america's research group, president and chief economist. whathappened with retail sales? we were expecting a 3% gain year-to-year, not falling off a cliff. what happened? >> well, i...
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Dec 26, 2012
12/12
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now the government says he can you can only take $2500 out. gerri: they are also limiting what you can spend on. >> that's right. gerri: i want each one of the issue issues here. middle-class people, everyone says, oh, this isn't going to hit me. but you say it well. the sales tax on medical devices. using that to become a big problem? >> that could become a major problem. stryker already announced that it will lay off a thousand people in 2013. there are approximately 400,000 people in the medical device industry, that impact 2 million manufacturing jobs. granted, they are a conservative think tank. but if they are off by 50%, they predict that there will be 43,000 jobs lost as a result of this tax. in the middle class and the working class will pay for this tax to increase premiums. gerri: we don't know what's coming, and i think the price tag on this whole thing is only going to go up and come out of our pockets. thank you for coming on tonight. we greatly appreciate it. gerri: merry christmas and happy new year. >> happy new year to you as
now the government says he can you can only take $2500 out. gerri: they are also limiting what you can spend on. >> that's right. gerri: i want each one of the issue issues here. middle-class people, everyone says, oh, this isn't going to hit me. but you say it well. the sales tax on medical devices. using that to become a big problem? >> that could become a major problem. stryker already announced that it will lay off a thousand people in 2013. there are approximately 400,000...
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Dec 30, 2012
12/12
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at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime, don, she has been charged with second degree murder in the case of this man who was pushed off the subway platform in queens on thursday. and the queens district attorney's office released this stat
at the top of the list, government spending cuts that is 8-10% in cuts to every federal agency. and a pay cut for medicare doctors of 27% that would hit after january 1st and finally, don, there's a slew of other tax hikes. the minimum tax and the estate tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right...
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Dec 27, 2012
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and what kind of role government having a live. >> #1 is the fiscal cliff. lawmakers start coming to the not bother to pay any attention to it until after the election. had they put politics aside and dealt with the earlier who knows how strong the u.s. economy would be right now. >> 9 4:01 a.m. we will be back with more in a couple of minutes. less than a live look outside. sunshine never were including marijuana of crete. seven on 680 is nice in light. >> we are here from 4 to 10. at 10:00 is dr. field every day here on the kron 4 station on the kron 4 morning lows. we are followed by dr. philip welcome back to the kron 4 morning news. >> the country is inching closer to the falling of the so-called fiscal cliff. a series of tax hikes and spending cuts to take effect in five days. >> house and senate members are expected to reconvene today as well. without a budget agreement, automatic tax increase for everyone in the spending cuts will be triggered and the new year. >> taxes go up if congress does not act. >> former president a w. bush sr. is in intensive
and what kind of role government having a live. >> #1 is the fiscal cliff. lawmakers start coming to the not bother to pay any attention to it until after the election. had they put politics aside and dealt with the earlier who knows how strong the u.s. economy would be right now. >> 9 4:01 a.m. we will be back with more in a couple of minutes. less than a live look outside. sunshine never were including marijuana of crete. seven on 680 is nice in light. >> we are here from 4...
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Dec 28, 2012
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government is reporting an increase last month of 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. your forecast, coming up after the break. >> the pittsburgh-based. bart station is reported that an adult male has been shot. this is a live picture from sky 7 high-definition. a couple of cars are together i am not sure if that is the suspects vehicles for a police car. there were delays in both directions. things are up to speed with a news crew on the scene there will be updates coming up at 11:00 p.m. (male announcer): now, here's stanley roberts who found people behaving badly. >> we have the 38 geary its going inbound on ofarrel and the coach right now is pretty much stuck we have a double parked vehicle right on to the right here on the screen you see it in a moment >> you are looking at came video of a double parked vehicle on geary street in san franc
government is reporting an increase last month of 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. your forecast, coming up after the break. >> the pittsburgh-based. bart station is reported that an adult male has been shot. this is a live picture from sky 7...
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Dec 27, 2012
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widespread tax increases and automatic government spending cuts will kick in next week. both sides are due back by thursday and have vowed to make a final attempt. stay with us. another check of the forecast. after the break. a puppy stolen from th hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share everything. this holiday, get verizon's share everything plan. unlimited talk, text, and shareable data across your family's devices. all in one plan. get a spectrum 2 by lg for $49.99 >> and a pop be stolen puppy--- oregon humane society is now home with his rightful owners. chris woodward tells us how social media may have played a role in his return. >> back in the arms, there's no idea what he has been true. >> i was excited. >> moments, they got to be able to see him for the first time since he was stolen. >> he is and my arms again. >> they were here to adopt >> they said that he
widespread tax increases and automatic government spending cuts will kick in next week. both sides are due back by thursday and have vowed to make a final attempt. stay with us. another check of the forecast. after the break. a puppy stolen from th hey, dad. i love boleros. share what moves you. go, go, go-- yes ! you've got to get one of these. share a great performance. what are you doing ? this tools app is awesome. share the perfect plan. that is awesome. i'm gonna be right back. share...
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Dec 28, 2012
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if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the congressional christmas tree that, if they just embrace, it they can automatically come up with tens of billions ever dollars in budget savings. >> reporter: the problem is the bill is stuck in the house and there appears to be no political will to move it forward. agriculture secretary tom vilsack says out of precaution, his department is preparing for the law to take effect. >> this is a bad outcome. let me be very clear about this. i don't think we should want nor should we advocate for nor should congress consider it a good outcome that permanent law goes into effect. >> reporter: and it is not just
if the bill doesn't make it through congress before the end of the year, the government will be forced to buy vast quantities of milk under a truman era law that could send consumer milk has high as $6 to $8 a gallon because the government would be forced to pay twice the rate under the 1949 rules. fomples are would sell their milk to the government first prompting a shortage in supplies which would spike the price consumers pay. >> the farm bill is like this low hanging ornament on the...
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Dec 27, 2012
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. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina eunice is accused of hit and run, trucking driving and vehicular manslaughter. >> the accident occurred three people and killed 56 year-old yuee yao who was here visiting her new grandchild for china. >> the judge said eunices bail at $2 million. if she goes bill she was wearing scram device that check to make sure she does not drink alcohol does not allow to dry. >> surely that in court for rain in the december 31st. >> let us take a live look at the approach to the bay bridge. no one is very had very quiet. vacations continue for a lot of people in the bay area. pretty much no one has schools of traffic is lighter. it is 41 degrees and concord. looking for a high of 52 to >> here is your 7 day around the bay extended forecast. there is rain in the forecast for saturday. we do have
. >> government reports on the labour and housing markets, a consumer confidence and manufacture more do throughout the day. >> in bay area headlines the woman accused of killing a grandmother in a drug driving accident at the twin peaks without this matter first court appearance. >> off 23 your old goina eunice is accused of hit and run, trucking driving and vehicular manslaughter. >> the accident occurred three people and killed 56 year-old yuee yao who was here...
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Dec 28, 2012
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. >> the state medical examiner would do a complete analysis of government-that the gunman as dna. they're not looking for anything specific in the analysis and it is on likely they will find genetic clue into lanes as motive behind the shooting. >> genetics said they're genetic component to mental illness but there are many genes involved, not just a single gene or mutation. results of the dna analysis are not expected for several weeks. >> here is a live look outside at this and tell bridge coming up on kron 4 morning news a new addition to the oakland police department to help reduce crime and we will tell you governor brown is appointed to bay area superior court next. welcome back. the timing is 4:30. . we're taking a look from mount tam. >> we could possibly see a storm bring rain. erica has the latest on our forecast. the models or potentially making a change on that. >> good morning anny. would this still see light rain for sonoma county. potentially the coastline as well. it is certainly possible that some of our east bay interior valleys will not see any rain. we do have
. >> the state medical examiner would do a complete analysis of government-that the gunman as dna. they're not looking for anything specific in the analysis and it is on likely they will find genetic clue into lanes as motive behind the shooting. >> genetics said they're genetic component to mental illness but there are many genes involved, not just a single gene or mutation. results of the dna analysis are not expected for several weeks. >> here is a live look outside at this...
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Dec 29, 2012
12/12
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and they don't, the government would shut down. there are major fiscal fights that need to be resolved beyond the immediate fiscal cliff. we are not even talking about the major policies that you are talking about. immigration reform and gun control legislation, those are things that can fall by the wayside if we are consumed by the fiscal talks which seems likely. >> it seems they crawl from one crisis to the next. thank you, sir, we will see you later in the hour. >> thank you. >> president obama will be talking about the fiscal cliff with david gregory on "meet the press" tomorrow, it's an exclusive interview, check your local listings for the air times. if you miss it, we will rerun it on msnbc tomorrow afternoon at 3:00. >>> want to update you on developing news in houston. george h. w. bush has been released from icugabe is staineding by. you told us two hours ago that the president was singing to doctors and unurses, he sounds like he is doing better than a week ago? >> yes, we got a update saying that former president bush
and they don't, the government would shut down. there are major fiscal fights that need to be resolved beyond the immediate fiscal cliff. we are not even talking about the major policies that you are talking about. immigration reform and gun control legislation, those are things that can fall by the wayside if we are consumed by the fiscal talks which seems likely. >> it seems they crawl from one crisis to the next. thank you, sir, we will see you later in the hour. >> thank you....
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Dec 30, 2012
12/12
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making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire economy. but for iediate action comedy hour is here. it is now. we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. every american paycheck will get considerably smaller. that would be the wrong thing to do. gerri: no kidding. we have been telling you that for weeks. democrats and republicans alike should rename their parties the procrastination party. that is because like a lot of college freshman, they left their work until the last minute. including the 800 billion-dollar fiscal cliff that we have been
making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get thi done. it's the right thing to do for our families and our businesses and for our entire...
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Dec 27, 2012
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now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news fo
now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing...
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Dec 30, 2012
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gerri: the federal government hasn't said which one to do yet. before lisa jackson left her job, here's what she had to say. >> i will read it to you, actually. we have that? gerri: tracking is perfectly capable of being queen, she says. it requires smart regulations, smart rus of the road. so it sounds like she is not outlawing it altogether. on one hand, but on the other hand, we have seen what happens to the wr on coal. if the obama administration came out all guns blazing. is that why do you think there will be a war against cracking? >> when they set their own definition of at smart regulati is, yes, they will set smart regulation at a level that makes it virtuall impossible. that is what has happened in the cocoal mines in west virginia ad kentucky, where new permits have come to a screeching halt for four years. what would happen with tracking is that when the states lose control to the federal government hey throw their hands. then you are waiting for a federal regulator i washington dc or some regional office to decide on the geology tha
gerri: the federal government hasn't said which one to do yet. before lisa jackson left her job, here's what she had to say. >> i will read it to you, actually. we have that? gerri: tracking is perfectly capable of being queen, she says. it requires smart regulations, smart rus of the road. so it sounds like she is not outlawing it altogether. on one hand, but on the other hand, we have seen what happens to the wr on coal. if the obama administration came out all guns blazing. is that why...
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Dec 28, 2012
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directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus between candy cigarettes and bubble gum cigars and taking up smoking? any takers? smokers amongst us? >> greg: this research is created to prove the point researchers want that candy cigarettes lead to real smoking. all kids had candy cigarettes. ban hot wheels because kids fast on them. cap gun leads to real guns. making a finger like this should be banned. no more using -- >> bob: making a finger lik like -- never mind. >> andrea: that is banned. >> bob: of course it should be banned. >> eric: they're fun. >> bob: it's a law. it's a law. >> andrea: i had those. look at me. >> eric: they have
directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ p.m. eastern. now back to new york and "the five." ♪ ♪ >> welcome back to "the five." shop in saint paul has been warned to stop selling candy smokes with bubble gum cigars after they are trying to prevent kids from trying the real stuff one day. does anyone want to tie it throt is a nexus...
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Dec 27, 2012
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directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsaid pain relievers, aspirin, or blood thinners may increase bleeding risk. severe liver problems, some fatal, were reported. signs include abdominal pain and yellowing skin or eyes. tell your doctor about all your medicines, inc
directly ahead big government tanging the war on tobacco to a new extreme. this time targeting cigarettes and big league chew, kimberly has more on the smoking gum next. ♪ ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain....
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Dec 30, 2012
12/12
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WMAR
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government considers the most dangerous. they're offering tens of thousands of dollars to anyone who kills the u.s. ambassador or an american soldier in their country. here's muhammad lila. >> reporter: it's a country racked with lawlessness and now a potential new threat. the associated press first reported this video which claims to be from al qaeda's yemen branch announcing a new bounty. roughly $160,000 for the head of the american ambassador in yemen and $23,000 for any american soldier. abc hasn't verified the authenticity of the video. it was posted online separately, claiming to be part of a longer video, one that we have authenticated. the threat comes at a critical time, just four months after the american embassy was stormed in libya, killing chris stevens and three other personnel. after the attacks, security levels were raised at many american embassies around the world. >> i think the security detail won't do anything differently because they had to know the ambassador was already a person who had to be protect
government considers the most dangerous. they're offering tens of thousands of dollars to anyone who kills the u.s. ambassador or an american soldier in their country. here's muhammad lila. >> reporter: it's a country racked with lawlessness and now a potential new threat. the associated press first reported this video which claims to be from al qaeda's yemen branch announcing a new bounty. roughly $160,000 for the head of the american ambassador in yemen and $23,000 for any american...
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Dec 28, 2012
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we want something done through the government. and if nothing gets done you will see the market come down, or i should say if something small gets done that is not what we need. in a few months we revisit this once again. you also have the debt limit ceiling we're looking at the end of the year as well there is so much going on. if we kick this down the road we'll lose complete confidence in the government. they will sit on money, they will not spend and recession is inevitable. >> s&p has been up. all other markets have pretty much been up on the year. do you think people who are checking their 401(k)s and what not, the pension plans, they don't really appreciate perhaps the gravity of what is about to hit them? >> no, they don't. most people surprisingly when you ask them how well they have done with their 401(k), they think they have done terrible but when they open their statements at end of the year they will be pleasantly surprised. one of the thing people have they have been scared and on the sideline. people making money a
we want something done through the government. and if nothing gets done you will see the market come down, or i should say if something small gets done that is not what we need. in a few months we revisit this once again. you also have the debt limit ceiling we're looking at the end of the year as well there is so much going on. if we kick this down the road we'll lose complete confidence in the government. they will sit on money, they will not spend and recession is inevitable. >>...
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Dec 28, 2012
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the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the nation comes closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you
the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left...
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Dec 27, 2012
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CNNW
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a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes to make them feel better. ♪ you make me happy [ female announcer ] that's why you choose children's tylenol. the same brand your mom trusted for you when you were young. ♪ how much i love you [ humming ] [ female announcer ] children's tylenol, the #1 brand of pain and fever relief recommended by pediatricians and used by moms decade after decade. [ humming ] >>> we have this just in to cnn. you're looking live at air force one as it lands. just back from hawaii. the president had to cut short his vacation there. his holiday vacation so he could deal with the looming fiscal cliff. all eyes are
a government spokesman says the former south african president is receiving treatment at his home. mandela is said to be resting and in good spirits. bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the sprint drive first app. blocks and replies to texts while you drive. we can live without the &. visit sprint.com/drive. ♪ you make me happy when skies are gray ♪ [ female announcer ] you know exactly what it takes...
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Dec 31, 2012
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CSPAN
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in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some action and you would now. you would not have some uncertainty -- each party has its dreams and hopes and plans. they would have to change to get this policy through. we have to meet each other halfway. the house is run by the republicans. is -- the senate is run by the democrats but is not a super majority. the president is a democrat. we have to work together. that is the name of the game. if we can do it on the highway bill -- if they can do it on the farm bill, i now, and there are other examples -- i could give examples of senator feinstein and her republican counterparts. i c
in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some...
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Dec 27, 2012
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that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of gdp. he knows we can't asked the republicans to raise it 1.2, 1.3 trillion in revenue. he's reached out and made cig nif kant concessions and the response to that was nothing. it is pathetic. >> jaret, let me ask you, if we go over the cliff, what ps? is there not an immediate impact on people with unemployment insurance and other things? i mean, what happens if we go over this cliff? >> well, you really have to distinguish between going over the cliff and quickly reversing the damage, meaning in a matter of weeks, which is still
that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of...
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the indian government looking into whether wal-mart's lobbying activities in the u.s. violated indian laws. shares of wal-mart closed fractionally higher. smith and wesson is buying back an additional $15 million worth of stock, on top of the $20 million repurchase program it recently completed. smith and wesson's shares have fallen nearly 10% since the newtown connecticut shootings. investors bought up gold today, as a safe place to park money while washington lawmakers spar over the fiscal cliff. the precious metal settled $3 hier at $1,663 an ounce. gold prices are on pace for an annual rise of about 6%, the smallest annual gain since 2008. and, supply concerns pushed palladium prices to a nine-month high. investors are worried that tight supplies from the world's top two producers and steady demand from the auto sector could mean higher prices in 2013. it settled at $708 an ounce: over the past year the metal has rising about 7.5%. and finally, for the second day in row the ishares emerging market e.t.f. ended higher. and that's tonight's "market focus." >> susie:
the indian government looking into whether wal-mart's lobbying activities in the u.s. violated indian laws. shares of wal-mart closed fractionally higher. smith and wesson is buying back an additional $15 million worth of stock, on top of the $20 million repurchase program it recently completed. smith and wesson's shares have fallen nearly 10% since the newtown connecticut shootings. investors bought up gold today, as a safe place to park money while washington lawmakers spar over the fiscal...
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Dec 23, 2012
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we believe in keeping the government out of your pockets. if you believe in freekts, -- free markets, those are the basic tenets of the tea party. i would hope we all believe in that. that would be a decisive yes. >> \[inaudible] >> you look at his scorecard with the heritage action. he was a 98 and i was closing in on i think it was a 090. there was a couple that separated us, maybe some of the more well-known votes. other than that, i'm not quite sure where we disagree. i would think philosophically we're on the same page and hopefully we'll continue to work together. i look forward to hearing more from the senator. >> last question. >> \[inaudible] >> that's a great question. you know, i think if john was here with me today he would say, tim, don't forget, it's not about growing up in life, it's about moving forward. and we define that differently. some see the senate as a move up, and i certainly do as well in a way. but i'm hoping that the message that the good lord's placed in my heart gets a shot and a leap forward, that we'll have th
we believe in keeping the government out of your pockets. if you believe in freekts, -- free markets, those are the basic tenets of the tea party. i would hope we all believe in that. that would be a decisive yes. >> \[inaudible] >> you look at his scorecard with the heritage action. he was a 98 and i was closing in on i think it was a 090. there was a couple that separated us, maybe some of the more well-known votes. other than that, i'm not quite sure where we disagree. i would...
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Dec 28, 2012
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they say the government is not honoring a cease five including release of political leaders. >> back in the u.s., the storm has come and gone and at least 16 deaths are blamed on the weather. in hard-hit arkansas, more than 135 homes and businesses remain without power. edward lawrence reporting. >> reporter: snow blowers and plows are pushing through a foot of snow in the upstate new york. the icy snow is a challenge for those who only have a shovel. >> it's been brutal. >> reporter: the storm drops several inches in the northeast and new england making it hard to get out and get around. streets are a problem in west virginia and maryland. this woman skit off the road and hit a mailbox. >> we just lost control. yeah, pretty scary. >> reporter: the weather is part of the same mass av system that crossed the country this week dumping snow from the west coast to the east coast and creating powerful tornadoes in the south. bad weather continues to delay flights in the northeast. that's bad news for holiday travelers trying to head home. brendan frank lip came home for christmas and is w
they say the government is not honoring a cease five including release of political leaders. >> back in the u.s., the storm has come and gone and at least 16 deaths are blamed on the weather. in hard-hit arkansas, more than 135 homes and businesses remain without power. edward lawrence reporting. >> reporter: snow blowers and plows are pushing through a foot of snow in the upstate new york. the icy snow is a challenge for those who only have a shovel. >> it's been brutal....
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Dec 29, 2012
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how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he is crazy? >> well -- >> reporter: call him crazy. but there is an entire federal office, the bureau of public debt that collects money from hundreds of mr. garcias. this office in parkersburg, west virginia, was set up by president kennedy so citizens could pay down the national debt. this year alone it collected 7.7 million in gifts, about 90 million since it was established. but 90 million is not that much, especially when you consider the federal deficit is $16 trillion and climbing. to retire the
how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. for the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest, too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense is...
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Dec 28, 2012
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the government was not going to fall over this. obama care doesn't fall oh he vert h healthcare mandate but would have protected while the case is fully litigated the religious freedom rights of the owners of hobby lobby to protect their religious conscience. unfortunately, the justice today, her deneyial in four pages basically said sorry i don't see it and therefore you will pay the penalty or provide the insurance whether you you like it or not and i think she missed an opportunity to put it on hold pending a pull disposition of the case and frankly i don't see where there would have been any harm in that whatsoever. obama care would have not fallen over it. >> laura: wouldn't that have been the least destructive way of going about this for the justice and doesn't this signal real trouble for those business owners in the united states who they are are not churches mind you but they have real beliefs and they do not allow them to participate in providing the coverage for the abort a patient drugs. why is their religious liberty a
the government was not going to fall over this. obama care doesn't fall oh he vert h healthcare mandate but would have protected while the case is fully litigated the religious freedom rights of the owners of hobby lobby to protect their religious conscience. unfortunately, the justice today, her deneyial in four pages basically said sorry i don't see it and therefore you will pay the penalty or provide the insurance whether you you like it or not and i think she missed an opportunity to put it...
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Dec 30, 2012
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, will find out they're getting less money back from the federal government. so that's why in some cases some of the lowest income earning people will be impacted even more than some of the people in the middle because they will find that they're getting substantially less back from the government. we're going to bring you some more scenarios. the link to this is up at my facebook and twitter @jo @joshlevscnn and see how it would affect you and use that to influence your understanding of what would happen if we go over the cliff. >> josh levs not kicking the can down the road. >> not once. >>> it is a story you have to see to believe. ahead a mom and her kids reunited after nearly a week all thanks to a cnn viewer. i just u. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> we're going to get back to the hill gothss in just a minute
, will find out they're getting less money back from the federal government. so that's why in some cases some of the lowest income earning people will be impacted even more than some of the people in the middle because they will find that they're getting substantially less back from the government. we're going to bring you some more scenarios. the link to this is up at my facebook and twitter @jo @joshlevscnn and see how it would affect you and use that to influence your understanding of what...
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Dec 30, 2012
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the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over the fiscal cliff if we step for this week and republicans to solve this problem and solve it now. >> we talk with washington post reporter laurie montgomery this morning for the update on the fiscal cliff negotiations. >> tell us, what kind of a deal the president offered and what is new in the negotiations among the senators and between the senators and the white house? >> there does not appear to be anything new. the policy they are talking about are the same public -- policies that have been on the table for weeks. what is new is they seem to have finally agreed th
the president's tax hike would only fund the government for eight days. americans deserve to know what does the president propose we do for the other 357 days of the year. inaction should not be an option. the problems facing our country are big with their not necessarily all that complicated. the president will never have more political capital and then he does right now. in debt -- the next few days will begin to define his second term. he was elected to lead. we can still avoid going over...
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this on news that the government
this on news that the government
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Dec 23, 2012
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officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're days away, so i'll take it. >> honestly he knows he made a mistake bringing in the gun but to be honest i'm happy his family's together for christmas. there are reports he surface from ptsd from his war time experience and his family says now he's got a stomach bug and a chest cold that could be pneumonia. if that gets worse they may stop along the way home at a hospital. >>> a lot of people didn't think he would get out for christmas. >>> a weather alert. the powerful storm is slamming the northeast. heaviest snowfall making a mess in syracuse, and as you can see, creating sloppy
officials put pressure on the government. a court there deciding to let him go. he flew to the border with his attorney and his dad is driving him home to florida. his mother, incredibly relieved. >> it was like my first night i slept all night without getting up. it was just the thought of not wondering what's going on with him. can anyone hurt him tonight. he's eating, he's able to actually have a meal. you know, it's just -- i honestly can't totally process it until he's here. we're...
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Dec 27, 2012
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government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal
government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens...
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Dec 30, 2012
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a crisis of self-government. we have had divided government that's worked beautifully before. we have got the marshall brandon, the highway system, civil rights bills in the 1960s, lbj as president, dirkson in the senate. we have done this before, all the accomplishments of the reagan era this disfunction is something new, the result of the polarization, party he is being more polarized than ever before, the increased power of the professional partisan activist class, actively arguing on other side to not make a deal saying a bad deal is worse than no deal, go over the cliff. these voices have real influence right now and you they are causing economic calamity to our country. they are making us look foolish. they are making us look unable to self-govern in a constructive way, let alone serve -- solve long-term problems, which is what we elect them for. people should be furious that we are here 36 hours with no deal on the fiscal cliff. >> i have no doubt they are. john avlon, thanks very much, as always, for the insight. thank you. >>> a fiscal fight. it is happening right now
a crisis of self-government. we have had divided government that's worked beautifully before. we have got the marshall brandon, the highway system, civil rights bills in the 1960s, lbj as president, dirkson in the senate. we have done this before, all the accomplishments of the reagan era this disfunction is something new, the result of the polarization, party he is being more polarized than ever before, the increased power of the professional partisan activist class, actively arguing on other...
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>>> if you're worried we'll soon be governed by sharia law, have no fear. republicans are keeping us safe from something that was never going to happen anyway. that and other low lights there 2012 in the "sideshow." >>> and finally my hopes for the upcoming year, especially from the president. this is "hardball," the place for politics. >>> massachusetts congressman ed markey announced today his candidacy for the united states senate seat held by john kerry who president obama has nominated for secretary of state. markey is a friend and respected guest on "hardball" and has been in the house since 1976. he's the dean of the massachusetts delegation, and he has the best values of anybody i know in politics. if he gets the democratic nomination for the senate, he could wind up running against scott brown who won the seat in 2010, then lost it last month. the special election is likely to take place this june. we'll be right back. >>> welcome back to "hardball." when john boehner failed to bring his so-called plan "b" to a vote last week because he didn't have
>>> if you're worried we'll soon be governed by sharia law, have no fear. republicans are keeping us safe from something that was never going to happen anyway. that and other low lights there 2012 in the "sideshow." >>> and finally my hopes for the upcoming year, especially from the president. this is "hardball," the place for politics. >>> massachusetts congressman ed markey announced today his candidacy for the united states senate seat held by...
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Dec 27, 2012
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first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't want to be partisan about this. one factor that can help is tax policy, but the broader issue is jobs. people at the top are earning much more than they ever have. >> talks to that point about tax policy, the numbers out there, is it 250,000? is it 400,000? what is the threshold that would help to flatten this issue of income inquaet, be more progressive, perhaps? >> i think it would help to, at the top, to increase the rates. i think there's a need for training. we looked at two states along with washed. we looked at massachusetts and indiana. it's a skills economy. the manufacturing jobs where a high
first off, i want to ask you, you say in your series here that the federal government has emerged as one of the most potent factor driving income inequality. what do you mean? >> this has to do with the first story in the series, which is about tax equality. we did find the bush era tax cuts and sort of increased incomes at the top, that was a factor in reducing inequality, so it can be something that the government can do to mitigate. we tried to look at data in our series. we didn't...
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Dec 30, 2012
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if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that is, they are very unhappy and they call a quote poison pill. what they say is an offer from the republicans to include in this deal, which has been from the democrats perspective, mostly focused on taxes to include in it, a change in a technical way that social security is done. what it effectively would mean is that social security recipients would get smaller checks each month. something that the president himself did offer as part of a larger deal when he was in those talks with the house speaker. and ha democrats would say is we're past that. we're not in the larger negotiations any
if a deal isn't reached, your taxes will go up and government spending will be slashed. dana bash and jessica yellin are covering all angles of the story. let's start with dana on capitol hill who has heard word of a setback in the talks. dana, what do you know? >> setback from the perspective of democrats. we should underscore that. this is any information that is coming out. is coming out for a purpose. this is certainly significant. when it comes to the democrats' perspective. and that...
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Dec 29, 2012
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. >> what are the government level of negotiations? of these are important to send a message that they're trying to work together. but these are rarely done individually or on the phones or in offices. this has basically become a discussion on harry reed and mitch mcconnell. however, what we have not heard or a subsequent phone calls the problem going on right now. >> catherine: there is a lot of talking right now? >> yes, john boehner will talk to mcconnell and mitch mcconnell taught to read and harry reid will speak to the congress. >> catherine: let us hope that this will finally be over soon and if you'd like to connect with michael - you can follow him on twitter - his handle is "at- yaki-blog." >> jacqueline: the rainfall will continue with drier conditions tomorrow. and dry and a little bit warmer on sunday the more cloud coverage. a slight chance of sprinkles northport's monday. the satellite and radar showing that it is still offshore. some of returns to the coast with some sprinkles the main event is is still about one hour a
. >> what are the government level of negotiations? of these are important to send a message that they're trying to work together. but these are rarely done individually or on the phones or in offices. this has basically become a discussion on harry reed and mitch mcconnell. however, what we have not heard or a subsequent phone calls the problem going on right now. >> catherine: there is a lot of talking right now? >> yes, john boehner will talk to mcconnell and mitch...
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that's how much the government will take. after you paid all your tacks the government will get more than half of what you have left. that includes the gold in your teeth and maybe some spare change in your pocket. pretty sad. that is confiscator to more than anything else. >> also known as the death tax. keep in mind, sean, the estate tax also, it actually lapsed in 2010 and there were jokes going around saying it is time that people should pull the plug on the relative? but remember it came back in 2011 and it ended up coming back at 35%. but if you go over the cliff it goes up to 55%. >> all right. unbelievable. guys, good to see you. great information. we will continue to follow it. appreciate it. coming up, president obama returns early from his vacation, or so he says. charles krauthammer is here to analyze the anointed >> after he so selfishly cut short his christmas vacation in hawaii, he's back in washington for the last minute fight over the looming fiscal cliff. but both sides of the aisle say there's no deal in si
that's how much the government will take. after you paid all your tacks the government will get more than half of what you have left. that includes the gold in your teeth and maybe some spare change in your pocket. pretty sad. that is confiscator to more than anything else. >> also known as the death tax. keep in mind, sean, the estate tax also, it actually lapsed in 2010 and there were jokes going around saying it is time that people should pull the plug on the relative? but remember it...
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government is reporting an increase last month rose 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. ford is creating more than two - thousand jobs at new plants in southeast michigan. the car-maker announced it's investing more than 773 million dollars on new equipment and production capacity in a half-dozen facilities. it's all part of ford's plan to add 12-thousand hourly jobs in the u-s and invest more than six-billion dollars in u-s plants, by the year 2015. >> the clouds will be increasing. >> jacqueline: that could even have the temperatures warming with the rainfall tomorrow afternoon and a lingering towards a saturday morning. sunday, temperatures are going to be several degrees warmer. getting back into the mid '50s. the satellite and radar with mostly clear skies. mostly sunshine with the clouds will be increasing at this hour. mostly clear for the
government is reporting an increase last month rose 4-point-4-percent compared to october. it's the strongest pace of new home sales since april of 20-10 the increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures -- that in turn has lifted home prices. ford is creating more than two - thousand jobs at new plants in southeast michigan. the car-maker announced it's investing more than 773 million dollars on new equipment and...
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not only about the crime being bogus but about our government not really kicking into gear and then after that everything started to fall into place. >> absolutely. that's a shame of this is without that, i don't know that this would have happened. certainly not in this time frame. >> right. but, americans watching that show saw you and your husband on television and they rallied to your cause, too. there were thousands of calls made to politicians all across the country and pressure was put on every area and then all of a sudden things turned around and that's the way it is. >> right. it's unfortunate but that's the way it is. >> right. so we are happy we could help and we wish you and your husband and your son the very merriest of christmases and it will be. >> thank you so much and i cannot tell you how much we appreciate this coverage. it's saved his life. we really believe that. >> bill: that's what the fox news channel is here to do and we are happy to do it. merry christmas to you, mrs. hammar. >> you too. >> bill: laura as you said in the top of your remarks, at least we have a ha
not only about the crime being bogus but about our government not really kicking into gear and then after that everything started to fall into place. >> absolutely. that's a shame of this is without that, i don't know that this would have happened. certainly not in this time frame. >> right. but, americans watching that show saw you and your husband on television and they rallied to your cause, too. there were thousands of calls made to politicians all across the country and...
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if the president gets all the tax increases he wants it funds the government next year for next a week. this is not a revenue problem it's a spending problem which is what republicans have maintained all along. >> not to psycho analyze the president he is so obsessed with the 2% he is disengaged with the bigger problem heading toward greece not thinking about spending. almost on class warfare disability. taken him kind of out of the argument and now he is coming back don't you think that is the problem. he is like ahab and the well and the well is the -- whale is the wealthy? >> raising taxes in punitive way on affluent people. having said that again, the people who are -- who would be hit with these tax increases are the people who create the jobs. and that impacts a lot of middle class americans. have you got a middle class americans employed by small businesses that would see their tax bills go up. that's going to be bad for the economy and bad for jobs. but, again, i think that the philosophically the president a lot of his allies up here in the congress have a very different view
if the president gets all the tax increases he wants it funds the government next year for next a week. this is not a revenue problem it's a spending problem which is what republicans have maintained all along. >> not to psycho analyze the president he is so obsessed with the 2% he is disengaged with the bigger problem heading toward greece not thinking about spending. almost on class warfare disability. taken him kind of out of the argument and now he is coming back don't you think that...
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Dec 22, 2012
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not only about the crime being bogus but about our government not really kicking into gear and then after that everything started to fall into place. >> absolutely. that's a shame of this is without that, i don't know that this would have happened. certainly not in this time frame. >> right. but, americans watching that show saw you and your husband on television and they rallied to your cause, too. there were thousands of calls made to politicians all across the country and pressure was put on every area and then all of a sudden things turned around and that's the way it is. >> right. it's unfortunate but that's the way it is. >> right. so we are happy we could help and we wish you and your husband and your son the very merriest of christmases and it will be. >> thank you so much and i cannot tell you how much we appreciate this coverage. it's saved his life. we really believe that. >> bill: that's what the fox news channel is here to do and we are happy to do it. merry christmas to you, mrs. hammar. >> you too. >> bill: laura as you said in the top of your remarks, at least we have a ha
not only about the crime being bogus but about our government not really kicking into gear and then after that everything started to fall into place. >> absolutely. that's a shame of this is without that, i don't know that this would have happened. certainly not in this time frame. >> right. but, americans watching that show saw you and your husband on television and they rallied to your cause, too. there were thousands of calls made to politicians all across the country and...
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did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich people in the country and that has advantages but one of the disadvantages is there is no one to resent except the party. they have a power and the money. stuart: what is the end game? what will be the catalyst for real change? >> the party is going to be backed into a corner, this is not something they can run from. they have to decide not to have another anti-corruption slogan effort. something that matters and take on all these people who made this money and say you can't do this anymore or eventually popular unrest will get worse and worse. there has been a moderate increase in the
did they make their money within the government, being corrupt within the government? is that now they got the money? >> this brings up the size of the problem. there are two different groups. there's a group that made their money in the government meaning they have a government position or party position and also a position running a large state-owned enterprises and there's the group that made their money outside the party and was brought in. the party decided to bring in all the rich...
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Dec 29, 2012
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instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope you do. i give you one more step before you go. the amount of interest that we pay on the debt that china owes, owns of our debt is enough to pay for their entire military for the whole year. we are basically funding with that the debt china military. thank you. i appreciate you coming on. well, forget the fiscal cliff. washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe too
instead, will be paying taxes on lobbying indentured servants of the government. this is absolutely immoral to have this happen. this is what congress is passing on to us and s why conservatives in the house and senate need to be serious about these fiscal cliff tops, especially about the debt ceiling, not just sitting back and saying president obama won the election. if we don't act now my generation will spend our prime years being servants of the government, and that's not right. tom: i hope...